94K NEXT?
let's zoom out to the weekly chart
if we hold above this level - the 0.382 Fib retracement - the next major resistance zone sits in the golden pocket between 0.5 and 0.618
and the most likely spot where $BTC could face serious selling pressure is around 94k. that's a big level
how we get there and whether we get there at all is hard to say right now. if this pace holds, we could technically reach it this week, but I'm not making those calls yet
for now the key is the 0.382 (~85k) - a daily close above or below it will tell us a lot
what do you think - is 94k actually reachable?
$BTC
let's zoom out to the weekly chart
if we hold above this level - the 0.382 Fib retracement - the next major resistance zone sits in the golden pocket between 0.5 and 0.618
and the most likely spot where $BTC could face serious selling pressure is around 94k. that's a big level
how we get there and whether we get there at all is hard to say right now. if this pace holds, we could technically reach it this week, but I'm not making those calls yet
for now the key is the 0.382 (~85k) - a daily close above or below it will tell us a lot
what do you think - is 94k actually reachable?
$BTC
